What Performance Method Best Represents Performance? Time-Weighted Rate of Return or Internal Rate
$25.00
Author: Stephen J. Church
What Performance Method Best Represents Performance?
This paper identifies an interesting dichotomy about investment performance. The best mutual funds of the last ten years outperform the S&P 500 Index by 1% per year, on a time-weighted basis. However, the accumulated assets in those funds are almost equal to the same amount of assets that would have been accumulated by investing in the S&P 500 Index. How can we explain this?
Only logged in customers who have purchased this product may leave a review.
Related products
-
A Consistent Linking Concept for Fast Calculations of the Rate of Return and Research of Investment
$25.00 -
A Closer Look at Performance Persistence of Mutual Funds
$25.00 -
A Conceptual Framework for the Development and Verification of Attribution Models
$25.00 -
A Geometric Methodology for Performance Attribution
$25.00
Reviews
There are no reviews yet.